Insurance Cont'd
Ins. Cont'd 2
Investing
Investing-2
Investing-3
100
When Jessie needs health care, she must first go to her primary care physician who coordinates her care and decides whether Jessie should see a specialist. Jessie pays $10 as the co-pay when she sees her primary care doctor. Jessie has which type of health insurance?
What is managed care health plan
100
A person buys a homeowner?s insurance policy with a $250 deductible, which means the person will
What is have to pay the first $250 which will be deducted from the claim settlement paid by the insurance company.
100
Before the Kiss Corporation can issue stocks or bonds, it must register the issue with:
What is The Securities and Exchange Commission (SEC)
100
A person owns a stock that pays a $2.00 a share dividend. If the person chooses to reinvest that dividend, this means that the $2.00 will go toward buying
What is more of the same stock.
100
Mutual funds are:
What is an investment that holds a wide range of different investment instruments, providing diversification
200
Ben's truck is crushed by a hit-and-run driver. Scott is hit by an uninsured driver. How will they receive payments?
What is Uninsured or no-fault motorist coverage
200
John's job provided the main income for his family. He died unexpectedly and had no life insurance. The probable financial consequence for his wife and two children does not include:
What is an increase in income and expenses
200
The interest earned on United States Series EE Savings Bonds is
What is exempt from state and local taxes.
200
A blue-chip stock can be described as:
What is a stock with a good reputation for quality management, products and services
200
Publicly held corporations:
What is have shares of stock that are held by public (outside) investors
300
When a self-employed person decides to purchase disability insurance it is generally to
What is protect against the financial effects of not being able to work.
300
Buying a treasury bill (T-bill) is best for investors who are looking for
What is a secure, low risk investment.
300
As an investment, a person decides to buy a small house that has three rental apartments. The profits from this investment may be lower then expected if the
What is one of the apartments is not rented.
300
The phrase "don't put all your eggs in one basket" describes the following investment strategy?
What is Diversification
300
Have shares of stock that are held by public (outside) investors
What is Corporate profits
400
If you have a managed health care plan, it means that you:
What is usually must first meet with your primary health care physician
400
What is the largest equities market in the world?
What is New York Stock Exchange (NYSE)
400
An investor bought 40 shares of ABC corporation's stock at $80 a share. Two weeks later, the investor receives notice that the corporation has approved a 2-for-1 stock split. Based on this information, the investor would own at the moment of the split
What is 80 shares of the stock and the price of each share is $40.
400
Erika and Mark received an inheritance of $100,000. They plan to invest their inheritance money to buy a house in six years. Which of the following carries the greatest risk?
What is Common stocks
400
A Dante Oil Corporation tanker collided with another ship causing a major oil spill that will destroy the environment in the area for years and will cost billions for cleanup. The price of Dante is likely to:
What is decrease
500
Sally's health insurance policy requires her to pay the first $500 of medical costs each year before the company will pay any of her medical bills. This policy provision is the:
What is Annual deductible
500
Using a brokerage firm, a qualified investor buys 1000 shares of a common stock at $50 a share on 50% margin. This means that the
What is brokerage firm is lending the investor 50% of the money.
500
A pharmacy is to drugs as the American Stock Exchange is to:
What is Securities
500
Chris bought stock for $4,000 and one year later he sold it for $5,000. His sale resulted in a:
What is capital gain
500
Using a brokerage firm, a qualified investor buys 1000 shares of a common stock at $50 a share on 50% margin. This means that the
What is brokerage firm is lending the investor 50% of the money.